China’s consumer price index (CPI), the main gauge of inflation, gr
ew 2.5 percent year-on-year in April, the National Bureau of Statistics (NBS) said Thursday.
The reading, in line with market expectations, accelerated from the 2.3 percent gain in March and 1.5 percent in Febru
ary. On a monthly basis, consumer prices edged up 0.1 percent, compared with the 0.4 percent drop seen a month earlier.
NBS official Dong Yaxiu attributed the rise to higher prices of vegetables, pork and fruit, which ros
e 17.4 percent, 14.4 percent and 11.9 percent, respectively, from the same period last year due to tighter supplies.
Food prices, which account for nearly one-third of weighting in China’s CPI, went up 6.1 percent year-on-year.
Meanwhile, China’s producer price index (PPI), which measures inflation at the factory gates, rose
0.9 percent year-on-year last month, up from the 0.4 percent gain in March that showed improving market demand.
was aware of the incident and was gathering information.
The charter company is contracted by the military for its twice-weekly “rotator” roundtrip
service between the US mainland and Guantanamo Bay, said Bill Dougherty, a spokesman f
China is concerned about protecting its own rapidly growing intellectual property, leading to increased reco
gnition of the issue’s importance, according to US citizens with business ties to the country.
Frank Wu, president of the Committee of 100, a nonpartisan leadership organization of prominent Chinese Ame
ricans in business, government, academia and the arts, said, “China has made great progress. China has its own inte
llectual property to protect. That includes both in the global marketplace and also internally.or the Jacksonville base.
It flies every Tuesday and Friday from the Naval Station Norfolk in Virginia to the Jacksonvil
le air station and on to Cuba. It then flies back to Virginia with a stop again at Jacksonville, Dougherty said.
ld shoulder the historical responsibility of leading the people in realizing national indep
endence, people’s liberation, national prosperity and happiness for the people, Xi said.
By doing so, it should be made clear why socialism has taken root and continues to improve and de
velop in China so as to guide people to draw lessons and wisdom from history, and foster stronger confi
dence in the path, theory, system and culture of socialism with Chinese characteristics, he added.
He called for in-depth studies of the great significance of patriotism, progress, democracy and science advocated in the movem
ent so that its spirit can motivate young people to make unremitting contributions to national rejuvenation.
Xi also underscored the importance of responding to why the theme of contemporary Ch
inese youth movements should be to strive to achieve the Chinese Dream of national rejuvenation, require all aspects of socie
ty to care for and serve the youth, and also create a sound environment for them to develop, innovate and undertake pioneering work.
China and the United States have made new progress in negotiating the text of an econom
ic and trade deal, but much work remains to be done, the Ministry of Commerce said on Thursday.
Negotiating teams from the two countries are hashing out the text of the deal, including
an enforcement mechanism, on the basis of mutual respect and benefit, said Gao Feng, ministry spokesman.
The remarks came as the world’s two biggest economies have been i
ntensifying their consultations and aiming to break the deadlock in a timely manner.
In the most recent round of trade consultations, the negotiators discussed technolo
gy transfers, protection of intellectual property rights, nontariff measures, the service sector, agriculture, tra
de imbalances and enforcement mechanisms, according to earlier reports.
The American Chamber of Commerce in China said in a recent white paper that the US business commu
nity in China, long an advocate of good bilateral relations, can no longer be relied on to be a positive anchor.
and bilateral issues despite remaining difficulties in bilateral relations, he said.
The thawing of ties between China and Japan was marked by Li’s visit to the country in
May, the first by a Chinese premier in eight years, and the visit by Japanese Prime Minister Shinzo Abe to China in October.
The economic dialogue between the two countries was launched in 2007,
and deteriorated relations due to disputes over a number of issues resulted in an eight-ye
ar hiatus until last April, when the two sides restarted with the fourth round of dialogue in Tokyo.
China said on Monday that the Belt and Road Initiative is open to economic cooperation with
other countries and regions, and it does not become involved in territorial disputes of relevant parties.
Foreign Ministry spokesman Lu Kang said at a daily news briefing tha
t although the initiative was proposed by China, it is an international project for the public good.
While advancing the initiative, China upholds the principle of equality, openness and transparency and sticks to enter、
prise-oriented market operations as well as market laws and well-accepted international rules, Lu said.
tting due remuneration, very few employees use the Labor Law to defend their rights, because it is not easy for them to seek legal redress for their grievan
ces. For example, workers spend a lot of time and money to furnish effective proof that they were asked to work a
nd indeed worked overtime. By so doing, they could even lose their job – as employers could sack them for poor performance.
Interesti2365zuchewangcn-/ngly, Liu Qiangdong, founder and CEO of JD.com, used his WeC
hat account to say he now follows a “8116+8” schedule (8 am to 11 pm, six days a week, and 8
hours on Sunday, with only two days off a month), arder when he started his company. Had
he not followed the schedule, JD.com might not have survived the fierce competition from other internet companies.
Although Liu said he would not force his employees to work accordin
g to the “996″ schedule, he would want them to work as hard as he did during the initial years of JD.com.
It is therefore important that standards to calculate workload per da
y should be set and quantified, and supervision over the exploitation of labor made s
head of the Chinese Mission to the EU. So far, 22 European countries have signed memorandums of understanding with Chi
na to promote the Belt and Road Initiative, with Italy and Luxembourg the most recent examples, he said.
Chen Fengying, a senior researcher at the China Institutes of Contemporary International
Relations, said that Li’s European trip is to further enhance high-level exchanges and political trust between
China and the EU, following President Xi Jinping’s visit to Italy, Monaco and France last month.
Both sides support the multilateral trading system and face challenges posed by risin
g protectionism and unilateralism to economic globalization and multilateralism, Chen said. On the global geopoliti
cal stage, China is developing at a very fast pace with an enormous economic scale, Chen said.
“As a huge market, China has reiterated its opening-up (policy) to the ou
tside world, including to European countries. Therefore, both sides should strengthen cooper
ation and exchanges in areas such as trade, investment and the Belt and Road Initiative,” she said.